Morgan Dianna 4

What Happened

• Dianna Morgan, a director of Marriott Vacations Worldwide (VAC), was issued/received 32 shares on 2026-03-18 under a non-employee director share award (transaction code A). The filing reports an acquisition price of $0, indicating these shares were awards rather than a cash purchase.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-19.
• Shares acquired: 32; reported acquisition price: $0.00.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: The reporting person elected to receive dividends on director awards as additional Non-Employee Director Share Awards; such additional awards vest immediately and are payable in common stock (footnote F1).
• Filing timeliness: appears timely (filed next day), no late-report flag noted.

Context

• This was an award/issuance tied to director compensation/dividend deferral, not an open-market purchase or sale. Such small, routine awards are common for non-employee directors and do not necessarily signal a change in insider sentiment.